I'm feeling that I opened up a can of worms.
Firstly, I don't disagree with LazyBoy that uni education is catered for some and not others. However, I think the core of my concern is that uni education has become an overwhelmingly large factor in what makes a good person, and how society can be improved.
It is my contention that education (in general, not just university) is often mistaken as synonymous with:
Teaching youth to develop their own framework of values and priorities in which to base their future life decisions on. eg. A woman sees a bunch of teenagers smoking in the park: "Doesn't school teach them anything?" The fact of the matter is that Year 7 PE taught them the hazardous effects of smoking, but did not establish the priority of 'personal health and being considerate to the fact that your smoking can damage other people's health' as a matter of ethics. Education gave them the facts but did not give them a context to evaluate those facts.
Don't get me wrong, this 'context' isn't a pre-determined one in which there is only distinct categorises of good and bad based on a dominant approach to life (eg. the Christian view), but a set of rules which which people can use to determine how they relate to things. Sort of like: "Do you understand the issue in question?" "Have you seen all possible sides of the argument?" "Have you related this issue to previous decisions you have made?" "Is it possible for you to come to one conclusion?" "What do you think influenced you to form this opinion?" "Can you accept that other people have a different opinion from you?"
This is part of the reason why I think uni education (in it's current form) is over-rated. Even high school education, to a lesser extent. In order for uni to become as distinct and important a criteria as it is now (eg. for so many parents to be pushing their kids to get into university, for degrees being regarded as a definate accomplish etc.) it should be teaching students to become better people (through the posing of aforementioned questions) not just better employees or academians.
Part of the problem, as I gauge it, is that the level of education one attains is more easily measured than most things and has somehow become a large part of the 'criteria' in how much a person is worth. So I could change the title of this thread to: Uni education - Increases individual value?
It's like property selling almost, just because a certain house has 'granite kitchen benchtops' the value of the property automatically rises. Education, specifically university education, has become a selling point for each individual - just like that granite kitchen benchtop. (See, that allusion did work in the end!)
It's simpler for a person selling a house to advertise the features that are easily recognisable by the public, is acknowledged as a advantageous feature and can be compared with other available houses than it is for them to publicise things like 'has been taken care of throughout lifetime of house rather than just beautified a month before selling'.